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v3.10.0.1

Subsequent Events (Details) $ in Thousands | 6 Months Ended | 7 Months Ended | 8 Months Ended |
--- | --- | --- | --- | ---
Jul. 06, 2018 USD ($) shares | Jun. 30, 2018 USD ($) | Jun. 30, 2017 USD ($) | Aug. 03, 2018 USD ($) shares | Jul. 31, 2018 USD ($) | Aug. 27, 2018 USD ($) shares | Dec. 31, 2017 USD ($)
Subsequent Event [Line Items] |  |  |  |  |  |  |
Cash portion of the consideration |  | $ 115,896 | $ 116,679 |  |  |  |
Cash and cash equivalents |  | $ 218,651 |  |  |  |  | $ 257,911
Subsequent Event | HSBC $80,000 Facility |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Maximum borrowing capacity |  |  |  |  | $ 80,000 |  |
Number of installments |  |  |  |  | 20 |  |
Frequency of payments |  |  |  |  | quarterly |  |
Repayment installment |  |  |  |  | $ 2,400 |  |
Balloon installment |  |  |  |  | $ 32,400 |  |
Vessels provided as collateral |  |  |  |  | The loan will be secured by a first priority mortgage on the vessels previously pledged under the two refinanced facilities. |  |
Line of credit facility, description |  |  |  |  | The "HSBC $80,000 Facility" will be used to refinance the full amounts outstanding under the HSBC $86,600 Facility and the HSH $64,500 Facility. |  |
Subsequent Event | $41.0 miilion from European commercial bank |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Maximum borrowing capacity |  |  |  |  |  | $ 41,000 |
Duration of the loan |  |  |  |  |  | 5 years |
Subsequent Event | Step 1 Vessels |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Number of operating vessels acquired |  |  |  |  |  | 3 |
Number of shares issued as part of the consideration | shares |  |  |  |  |  | 1,340,000 |
Cash portion of the consideration |  |  |  |  |  | $ 41,700 |
Subsequent Event | Step 2 Vessels |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Dercription of terms of call and put options |  |  |  |  |  | The aggregate exercise price of the Call and Put Options is payable at the option of the Company in either, 2/3 cash and 1/3 common shares of Star Bulk or 100% cash |
Subsequent Event | Step 2 Vessels | Call option |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Exercise price |  |  |  |  |  | $ 115,390 |
Exercise date |  |  |  |  |  | Apr. 01, 2019 |
Number of instruments held |  |  |  |  |  | 4 |
Subsequent Event | Step 2 Vessels | Put option | E.R. Capital Holding GmbH & Cie. KG |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Exercise price |  |  |  |  |  | $ 105,390 |
Number of instruments held |  |  |  |  |  | 4 |
Subsequent Event | Step 2 Vessels | Put option | E.R. Capital Holding GmbH & Cie. KG | Minimum |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Exercise date |  |  |  |  |  | Apr. 02, 2019 |
Subsequent Event | Step 2 Vessels | Put option | E.R. Capital Holding GmbH & Cie. KG | Maximum |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Exercise date |  |  |  |  |  | Apr. 04, 2019 |
Songa vessels | Subsequent Event |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Number of operating vessels acquired | 15 |  |  |  |  |  |
Number of shares issued as part of the consideration | shares | 13,725,000 |  |  |  |  |  |
Cash portion of the consideration | $ 145,000 |  |  |  |  |  |
Description of Capital leases, Term of contract | Five-year bareboat charter |  |  |  |  |  |
Unrecorded unconditional, Purchase price obligation | $ 180,000 |  |  |  |  |  |
Songa vessels | Subsequent Event | Additional liquidity |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Cash and cash equivalents | $ 35,000 |  |  |  |  |  |
Augustea vessels | Subsequent Event |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Number of operating vessels acquired |  |  |  | 16 |  |  |
Number of shares issued as part of the consideration | shares |  |  |  | 10,277,335 |  |  |
Debt assumed |  |  |  | $ 309,000 |  |  |
Augustea vessels | Subsequent Event | CEO as passive minority investor |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Number of operating vessels acquired |  |  |  | 3 |  |  |
Per vessel | Subsequent Event | Step 2 Vessels | Call option |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Exercise price |  |  |  |  |  | $ 28,850 |
Per vessel | Subsequent Event | Step 2 Vessels | Put option | E.R. Capital Holding GmbH & Cie. KG |  |  |  |  |  |  |
Subsequent Event [Line Items] |  |  |  |  |  |  |
Exercise price |  |  |  |  |  | $ 26,350 |

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